Minerva Intelligence Inc, an artificial intelligence company focused on knowledge engineering, has signed of a contract for service provision with White Gold Corp. (WGO), implementing Minerva’s AI solutions across their JP Ross, Vertigo, and Titan properties. WGO owns a portfolio of 22,040 mining claims across 35 properties covering over 439,000 ha, representing over 40% of the Yukon’s White Gold District. The company’s gold resources include its flagship Golden Saddle & Arc deposits containing 1,039,600 oz Indicated at 2.26 g/t Au and 508,700 oz Inferred at 1.48 g/t Au, and its VG resource containing 230,000 oz Inferred at 1.65 g/t Au.
“We’re excited for the new insights Minerva can show us,” said Shawn Ryan , CTO of White Gold Corp. “By using Minerva’s cognitive AI to identify the geochemical relationships between various structures, we can essentially get an unbiased second opinion to augment our own exploration efforts… and at a price that’s about the cost of a single RAB hole.”
Minerva can deliver such insights by using their cognitive AI applications to (a) identify multi-element zones in the WGO data which are too time consuming and complicated to identify by conventional means, (b) associate these zones with relevant lithologies and structures, and (c) express this knowledge of identified exploration vectors extracted from WGO’s exploration data in a form that enables computer reasoning.
Minerva’s cognitive reasoning platform then extends its AI work by comparing the identified vectors to hundreds of past and present mines throughout the world, short-listing those most similar to WGO’s targets, which can then serve as reliable, explainable models upon which WGO geologists can build their drilling strategies.
“We are thrilled to be working with White Gold and Shawn Ryan in the exploration space, furthering our strategy of applying our technology to the mining and geohazard sectors,” said Scott Tillman , Chief Executive Officer of Minerva Intelligence. “While this is the first phase of the contract, we are optimistic that it will showcase the vast scope of what our technology is able to do.”
Tillman continued, “Mining and geohazards represent a significant opportunity for our technology to help in the exploration process as well as with risk analysis, and this contract further validates our belief that there is a real need and demand for what Minerva’s software is able to offer.”
